CCC Net Borrowings vs Net Income Analysis

CCCS Stock  USD 10.80  0.14  1.31%   
CCC Intelligent financial indicator trend analysis is way more than just evaluating CCC Intelligent Solutions prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CCC Intelligent Solutions is a good investment. Please check the relationship between CCC Intelligent Net Borrowings and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CCC Intelligent Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Net Borrowings vs Net Income

Net Borrowings vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CCC Intelligent Solutions Net Borrowings account and Net Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between CCC Intelligent's Net Borrowings and Net Income is 0.26. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Net Income in the same time period over historical financial statements of CCC Intelligent Solutions, assuming nothing else is changed. The correlation between historical values of CCC Intelligent's Net Borrowings and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Borrowings of CCC Intelligent Solutions are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Net Borrowings i.e., CCC Intelligent's Net Borrowings and Net Income go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in CCC Intelligent Solutions financial statement analysis. It represents the amount of money remaining after all of CCC Intelligent Solutions operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from CCC Intelligent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CCC Intelligent Solutions current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CCC Intelligent Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At this time, CCC Intelligent's Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 38.18 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit492.6M568.5M636.2M552.7M
Total Revenue688.3M782.4M866.4M789.0M

CCC Intelligent fundamental ratios Correlations

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-0.76-0.89-0.490.9-0.58-0.83-0.94-0.770.29-0.78-0.76-0.8-0.72-0.730.580.84-0.8-0.86-0.960.84-0.720.780.95-0.79-0.72
0.790.71-0.49-0.510.180.650.730.26-0.290.760.560.70.850.57-0.19-0.510.510.520.48-0.520.43-0.32-0.480.510.43
-0.89-0.940.9-0.51-0.4-0.93-0.88-0.470.02-0.9-0.94-0.83-0.85-0.930.550.97-0.91-0.98-0.960.95-0.650.740.84-0.95-0.65
0.380.53-0.580.18-0.40.450.60.730.20.420.360.710.370.320.0-0.50.630.50.46-0.590.93-0.27-0.790.490.93
0.960.97-0.830.65-0.930.450.920.340.10.980.980.910.940.96-0.23-0.930.90.960.92-0.940.7-0.47-0.830.960.7
0.90.97-0.940.73-0.880.60.920.65-0.190.910.840.930.890.81-0.38-0.870.850.890.92-0.880.79-0.62-0.940.850.79
0.310.51-0.770.26-0.470.730.340.65-0.460.320.220.520.30.18-0.57-0.430.460.410.56-0.460.68-0.71-0.780.330.68
0.06-0.020.29-0.290.020.20.1-0.19-0.460.090.210.140.040.240.54-0.170.270.16-0.15-0.210.230.430.080.260.23
1.00.98-0.780.76-0.90.420.980.910.320.090.960.930.990.96-0.27-0.930.910.940.85-0.930.7-0.49-0.790.950.7
0.940.93-0.760.56-0.940.360.980.840.220.210.960.860.911.0-0.26-0.960.910.980.88-0.950.63-0.47-0.760.980.63
0.920.95-0.80.7-0.830.710.910.930.520.140.930.860.920.84-0.2-0.890.940.90.79-0.930.91-0.48-0.890.90.91
1.00.95-0.720.85-0.850.370.940.890.30.040.990.910.920.91-0.26-0.880.870.880.78-0.880.67-0.47-0.730.890.67
0.940.92-0.730.57-0.930.320.960.810.180.240.961.00.840.91-0.26-0.950.910.970.86-0.940.61-0.47-0.720.980.61
-0.3-0.390.58-0.190.550.0-0.23-0.38-0.570.54-0.27-0.26-0.2-0.26-0.260.45-0.35-0.38-0.480.36-0.140.950.39-0.31-0.14
-0.92-0.950.84-0.510.97-0.5-0.93-0.87-0.43-0.17-0.93-0.96-0.89-0.88-0.950.45-0.98-0.99-0.90.99-0.750.660.85-0.99-0.75
0.90.94-0.80.51-0.910.630.90.850.460.270.910.910.940.870.91-0.35-0.980.960.83-0.990.85-0.59-0.860.970.85
0.920.96-0.860.52-0.980.50.960.890.410.160.940.980.90.880.97-0.38-0.990.960.93-0.990.74-0.61-0.860.990.74
0.830.92-0.960.48-0.960.460.920.920.56-0.150.850.880.790.780.86-0.48-0.90.830.93-0.890.64-0.68-0.890.880.64
-0.91-0.960.84-0.520.95-0.59-0.94-0.88-0.46-0.21-0.93-0.95-0.93-0.88-0.940.360.99-0.99-0.99-0.89-0.820.60.88-0.99-0.82
0.680.78-0.720.43-0.650.930.70.790.680.230.70.630.910.670.61-0.14-0.750.850.740.64-0.82-0.42-0.890.741.0
-0.51-0.620.78-0.320.74-0.27-0.47-0.62-0.710.43-0.49-0.47-0.48-0.47-0.470.950.66-0.59-0.61-0.680.6-0.420.64-0.54-0.42
-0.76-0.890.95-0.480.84-0.79-0.83-0.94-0.780.08-0.79-0.76-0.89-0.73-0.720.390.85-0.86-0.86-0.890.88-0.890.64-0.82-0.89
0.930.94-0.790.51-0.950.490.960.850.330.260.950.980.90.890.98-0.31-0.990.970.990.88-0.990.74-0.54-0.820.74
0.680.78-0.720.43-0.650.930.70.790.680.230.70.630.910.670.61-0.14-0.750.850.740.64-0.821.0-0.42-0.890.74
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CCC Intelligent Account Relationship Matchups

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